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Harper Johnson @ KillerStartups · 06/05/2024 11:58 EDT

LoanSnap confronts legal, financial turmoil in 2024

LoanSnap, an AI-powered fintech firm backed by figures such as Reid Hoffman, Richard Branson, and the Chainsmokers, is facing complex legal and financial challenges in 2024. Accusations of over $2M in unaddressed debts, among other allegations, have led to multiple lawsuits including one from Wells Fargo. Read more on LoanSnap confronts legal, financial turmoil in 2024… Read more

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KillerStartups
Zoey Nguyen @ KillerStartups · 06/05/2024 10:56 EDT

Stock futures steady amid expectations of corporate earnings

On Tuesday, stock futures remained mostly steady amidst slight declines for the S&P 500 and Nasdaq Composite futures, and a 0.3% fall for the Dow Jones Industrial Average. Investors are bracing for a flux of corporate earnings reports from major financial institutions, tech companies, and pharmaceutical titans. Read more on Stock futures steady amid expectations of corporate earnings… Read more

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KillerStartups
Oliver Hayes @ KillerStartups · 06/05/2024 10:05 EDT

Yotta customers denied access amid fintech disputes

In recent news, about 85,000 Yotta customers were unable to access their accounts, totaling to around $112 million in savings. Reportedly, disputes between fintech intermediaries and a Tennessee-based bank caused the disruption. Adam Moelis, the CEO and co-founder of Yotta shared that the issue revolved around ‘banking as a service’ platforms that link fintech startups like Yotta to traditional banks. Read more on Yotta customers denied access amid fintech disputes… Read more

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KillerStartups
Maya Johnson @ KillerStartups · 06/04/2024 20:33 EDT

Justin Long swaps Apple for Qualcomm endorsement

In a recent turn of events, Justin Long, known for representing Apple’s “I’m a Mac” campaign, has now teamed up with Qualcomm to endorse Windows on Arm PCs. This unexpected alliance points to a shift from Apple’s stronghold to its competitor, Microsoft. Read more on Justin Long swaps Apple for Qualcomm endorsement… Read more

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KillerStartups
Maya Johnson @ KillerStartups · 06/04/2024 18:53 EDT

Sethi’s investment strategies for college graduates

Financial consultant and podcast personality Rami Sethi shares valuable investment wisdom for college graduates. According to Sethi, investing in inexpensive index funds and setting up a long-term investment plan can lead to financial prosperity after academia. Read more on Sethi’s investment strategies for college graduates… Read more

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KillerStartups
Maya Johnson @ KillerStartups · 06/04/2024 18:53 EDT

Rami Sethi’s investment strategies for college graduates

Financial consultant and podcast personality Rami Sethi shares valuable investment wisdom for college graduates. According to Sethi, investing in inexpensive index funds and setting up a long-term investment plan can lead to financial prosperity after academia. Read more on Rami Sethi’s investment strategies for college graduates… Read more

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KillerStartups
Ethan Mitchell @ KillerStartups · 06/04/2024 18:28 EDT

Anticipation of US inflation slowdown impacts global markets

On Monday, investors reassessed as the US dollar remained steady while anticipating a possible slowdown in U.S. inflation that may result in Federal Reserve rate reductions by 2024. The forthcoming rate cut from the European Central Bank (ECB) expected this week lent support to the Euro. Tuesday saw volatile stock movements as the world braced for financial policy shifts. Read more on Anticipation of US inflation slowdown impacts global markets… Read more

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KillerStartups
Ava Thompson @ KillerStartups · 06/04/2024 16:42 EDT

Ethereum value soars due to SEC approval, updates

The value of Ethereum has experienced a notable increase of approximately 67% since the beginning of the year, due in large part to key developments such as the SEC’s approval of Ethereum ETFs and updates to its network. This surge is seen as a positive sign for Ethereum’s position as a strong investment in the cryptocurrency space in 2024. Read more on Ethereum value soars due to SEC approval, updates… Read more

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KillerStartups
Maya Johnson @ KillerStartups · 06/04/2024 15:58 EDT

6 Retail Security Tips For Keeping Your Store Safe

Retail plays an essential part in our lives, so its security cannot be overemphasized. Ensuring protection against theft and cyber intrusions is now more crucial than ever to uphold the safety of both customers and employees. In this article, we outline 10 essential tips to ensure your retail security is strong so that your store is secure for both customers and staff alike – this way, retailers not only protect... Read more

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KillerStartups
Maya Johnson @ KillerStartups · 06/04/2024 15:34 EDT

The Rising Trend of Nicotine Pouches in the USA

In recent years, nicotine pouches have taken the USA by storm. These tobacco-free products provide a convenient and discreet way to enjoy nicotine, making them a hit with many former smokers and snus users. However, their rise in popularity sparks questions about potential health risks and regulations in a market experiencing rapid growth. Read more on The Rising Trend of Nicotine Pouches in the USA… Read more

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KillerStartups
Ethan Mitchell @ KillerStartups · 06/04/2024 11:47 EDT

Gold prices forecast to initiate downward correction

Recently, a visible shift in the commodities market has caused a fluctuating pattern in gold prices. Testing indicates a possible break at a level of $2,317.40, which may lead to a negative impact on the current patterns and initiate a downward correction. Read more on Gold prices forecast to initiate downward correction… Read more

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KillerStartups
Harper Johnson @ KillerStartups · 06/04/2024 11:36 EDT

Social Security disbursements rise with inflation

The Social Security Administration (SSA) has seen an increase in its annual disbursements due to the Cost of Living Adjustment (COLA). The SSA is responsible for disbursing monthly payments to retired workers and disabled individuals under Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI). This increase counteracts inflation’s impact and maintains beneficiaries’ purchasing power. Read more on Social Security disbursements rise with inflation… Read more

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KillerStartups
Zoey Nguyen @ KillerStartups · 06/04/2024 10:46 EDT

Potential surge in 2025 COLA benefits seniors

Early reports indicate a possible significant surge in the 2025 Cost of Living Adjustment (COLA), offering greater financial aid for seniors. This rise could boost the monthly social security benefits for the elderly, helping them to manage living expenses more effectively. However, final calculations will depend on inflation trends, with more definitive data becoming available late next year. Read more on Potential surge in 2025 COLA benefits seniors… Read more

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KillerStartups
Ava Thompson @ KillerStartups · 06/04/2024 10:34 EDT

AMD unveils superior AI chips, challenging Nvidia and Intel

Advanced Micro Devices (AMD) unveiled new AI chips at a recent technology seminar, signaling an intensified competition with Nvidia and Intel in the tech industry. AMD aims to advance tech infrastructures using advanced AI chips that surpass competitor capabilities. Read more on AMD unveils superior AI chips, challenging Nvidia and Intel… Read more

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KillerStartups
Harper Johnson @ KillerStartups · 06/03/2024 20:43 EDT

Fidelity reports surge in 401(k) millionaires

In Q1 of 2024, Fidelity Investments reported a significant increase in the number of people achieving a balance of $1 million or more in their 401(k) savings with a rise up to 485,000. Read more on Fidelity reports surge in 401(k) millionaires… Read more

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KillerStartups
Miranda Ross @ KillerStartups · 06/03/2024 20:26 EDT

Social security payment schedule for June 2024 announced

The Social Security Administration (SSA) has announced its Social Security payments schedule for June 2024. Based on birth dates, the recipients will receive their payments throughout the month, as follows. If born between 1st and 10th, expect your payment on the second Wednesday of June, while those born between 11th and 20th will receive theirs on the third Wednesday. Those birthdays falling between 21st and the end of the month... Read more

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KillerStartups
Harper Johnson @ KillerStartups · 06/03/2024 16:31 EDT

Inflation worries slow US consumer spending

Bank of America’s CEO, Brian Moynihan, revealed a cautious spending outlook among U.S individuals and businesses due to anxiety over rising inflation and interest rates. This attitude could potentially dampen the country’s economic growth. Read more on Inflation worries slow US consumer spending… Read more

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KillerStartups
Harper Johnson @ KillerStartups · 06/03/2024 16:25 EDT

European retailers brace for shipping disruptions

European retailers are opting for early Christmas orders to cope with the current surge in shipping costs and trade route disruptions. The move is a precautionary measure that anticipates delays in order deliveries owing to rising global shipping costs and disrupted trade channels. Read more on European retailers brace for shipping disruptions… Read more

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KillerStartups
Harper Johnson @ KillerStartups · 06/03/2024 14:55 EDT

Traits of successful entrepreneurs delineated

Many successful entrepreneurs display a marked streak of nonconformity, refusing to adapt to traditional educational or corporate structures. This is famously true of Duncan Bannatyne, who, before enjoying entrepreneurial success, was noted for his defiance. Read more on Traits of successful entrepreneurs delineated… Read more

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KillerStartups
Miranda Ross @ KillerStartups · 06/03/2024 14:14 EDT

No-Spend Challenge trend promotes mindful consumption

The “No-Spend Challenge” is an emerging money-saving trend urging individuals to reduce non-essential expenses. The goal spans from a week, to a month or even a year. It entails spending only on necessities like bills, food, and medical needs. The benefits extend beyond saving money, offering participants independence from impulse buying and an improved understanding of their spending habits. Read more on No-Spend Challenge trend promotes mindful consumption… Read more

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